Trump praises new UN sanctions on North Korea

Eddie Kim

The U.S. -drafted resolution bans key North Korean exports of coal, iron, iron ore, lead, lead ore and seafood. Malaysia is one of several countries making it harder for North Koreans to enter the country. Opening new joint ventures with the North is prohibited as well as making new investments in current ventures. There is a possibility that the threat of sanctions may drive the North to significantly accelerate its weapons development program. China also exports over 200,000 tons of oil products, according to United Nations data reported by Reuters. According to South Korean statistics, China accounts for an average of 90 percent of total trade with North Korea. "It will significantly reduce the North's foreign currency income", the ministry said Sunday after the resolution was passed.

North Korean dictator Kim Jong Un will be under pressure to prove the punitive actions of the worldwide community won't shake his commitment to the development of nuclear weapons and the means to deliver them to distant targets. And Trump's previous notion that China could simply solve this problem for everyone is magical thinking.

He was, of course, being diplomatic, because many more people - the North Koreans surely, the U.S., and its allies in the region - will surely be drawn into the conflict and inevitably suffer.

He says the North is "ready to teach the US a severe lesson with its nuclear strategic force". "And that includes a military option", he said. Tillerson says he and the South Korean diplomat plan to discuss the sanctions during their meeting, along with next steps to pressure the North. Very unlikely, considering the North's actions and decisions in the past.

Kang is echoing Tillerson's praise for the sanctions approved Saturday by the U.N. Security Council.

The sweeping measures were the first of their scope to be imposed on North Korea since US President Donald Trump took office. "Very big financial impact!" he tweeted.

Recent US rhetoric has given the global community heightened concerns that Trump might now be thinking, much more seriously, about a pre-emptive strike on Pyongyang's nuclear capabilities.

The Moon Blue House said Sunday that it is satisfied with the resolution, dismissing the conservative opposition parties' discontent that an oil embargo was not included.

"If they had nuclear weapons that could threaten the United States, it's intolerable from the president's perspective", McMaster said. "After many years of failure, countries are coming together to finally address the dangers posed by North Korea". "Neither shall we flinch even an inch from the road to bolstering up the nuclear forces chosen by ourselves, unless the hostile policy and nuclear threat of the USA against the DPRK are fundamentally eliminated".

However, despite the raising of the stakes last month with two intercontinental ballistic missile (ICBM) tests by the regime, the Southeast Asian states do not generally share Washington's super prioritisation of this issue. It was the eighth sanctions resolution since 2006.

LISA DESJARDINS: To new sanctions, North Korea today reacted with its own threat. Diplomatic sources said Beijing shifted its position after an article on Politico on July 31. China, which is a permanent member of the UNSC with a veto power, opted to vote for the sanctions. The United States had to figure out how far China and Russian Federation were willing to go.

As the United Nations slapped tougher sanctions on the North, the reclusive communist regime's top diplomat arrived in Manila for a multilateral conference.

Ri is scheduled to attend the ASEAN Regional Security Forum, or ARF.

LISA DESJARDINS: And again singled out the United States. However, he refused to discuss Ri's schedule.

Many experts say they aren't so sure. She said she and Tillerson discussed the cooperation of China and Russian Federation in the process of adopting the resolution.

Ms Kang urged her northern counterpart to accept Seoul's offers of military talks to lower tensions on the divided peninsula, and for discussions on a new round of reunions for divided families, according to South Korea's Yonhap news agency.

Other bilateral meetings were also scheduled on the sidelines of the forum.

Wang also met US Secretary of State Rex Tillerson in Manila late yesterday.

Share this:

Hot News

Eclipse glasses sold out everywhere in York CountyAug 12, 2017 - 18:27
People can also view the eclipse with a pinhole projector, a card with a small hole through it, to project an image of the sun. Because the eclipse will only be partial, it's essential that anyone wishing to view it obtain the correct protective eyeware.

S&P falls 1.4% in safety flight on North Korea tensionsAug 12, 2017 - 18:16
The Dow Jones industrial average fell 204.69 points to close at 21,844.01, with Goldman Sachs contributing the most losses. The Canadian dollar was trading at 78.64 cents USA , down from an average price of 78.71 cents United States on Wednesday.

FTSE Slips on North Korea FearsAug 12, 2017 - 18:06
On the currency markets, the pound was up 0.03% against the dollar at $1.2981 but down 0.23% against the euro at 1.0999 euros. On the London stock market, mining shares saw the biggest falls as many metal prices were hit by the geopolitical concerns.

Sebastian Gorka Just Increased The Chances of Nuclear WarAug 12, 2017 - 16:55
Washington knows it would be wise to try to bring other key parties, especially Beijing, on board for any intensified measures. Ben Cardin, the Foreign affairs committee's top Democrat, compared Trump's comments to those issued by North Korea itself.

Pochettino has forgiven Danny Rose for Spurs criticismAug 12, 2017 - 16:50
He went on urge Spurs to sign "well-known" players and added: "I know my worth and I will make sure I get what I am worth". I'd also like to wish the lads good luck ahead of Sunday's game against Newcastle ".

We're buying three more players - GuardiolaAug 12, 2017 - 16:14
This is the seventh successive Premier League season that Tottenham will play their opening Premier League game away from home. But we can not forget that when we do something better than last season it's because we've been one year together.

East Harling murder: Man held over Peter Wrighton stabbingAug 12, 2017 - 16:09
It is understood police are investigating whether Mr Wrighton may have had a row with another man moments before he was killed. Elizabeth Truss said: "I am deeply shocked and saddened by reports of the death of local man in woodland near East Harling".

General Electric Company (GE) Reaches 52-Week HighAug 12, 2017 - 16:07
Comparatively, Portland General Electric has a beta of 0.29, meaning that its stock price is 71% less volatile than the S&P 500. Also, there are 1 buy, 0 sell and 2 strong sell ratings, collectively assigning a 2.55 average brokerage recommendation.